View Single Post
Old 07-14-2008, 02:09 PM   #57 (permalink)
trader123
Senior Member
 
Join Date: Jun 2008
Posts: 197
Tomorrow there are some data announcements, namely:

Producer Price Index
Advance Retail Sales
Empire Manufacturing
Economic Optimism
Bernake Report on Economy and Fed Policy
Business Inventories

So we expect great volatility in the foreign exchange market. Hence it will be a good opportunity to buy OUT to tap on this volatility.

Usually I like to buy OUT for USD/CHF or USD/CAD because volatility of those currency pairs are pretty small, so cost of options will be cheaper to buy.

Trading platform: MANSION118

Platform image: Forex and Binary Trading: Tomorrow is a good day to trade volatility
trader123 is offline   Reply With Quote